Time required to start business in Nigeria
Nigeria: Time required to start business was 7.2 in 2019. ▼ Falling
Latest (2019)
7.2
Change on year
down 33.9%
World rank
139th
of 188 countries
All-time high
30.3
in 2013
All-time low
7.2
in 2019
Years of data
7
2013–2019
Time required to start business in Nigeria, 2013–2019
Source: Our World in Data.
Analysis
The most recent figure for time required to start business in Nigeria is 7.2, measured in 2019. That is the lowest value across all 7 years on record.
The figure is down 33.9% on the previous year and down 76.2% over ten years.
Nigeria ranks 139th of 188 countries on this measure, in the middle of the range.
Time required to start business in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 30.3 | — |
| 2014 | 30.3 | +0.0% |
| 2015 | 30.3 | +0.0% |
| 2016 | 24.9 | -17.8% |
| 2017 | 18.9 | -24.1% |
| 2018 | 10.9 | -42.3% |
| 2019 | 7.2 | -33.9% |
Nigeria compared with similar countries
- Nigeria's 7.2 is below the median for lower middle income countries, which is 15, 48% of the median. (47 countries reporting)
- Nigeria's 7.2 is below the median for Sub-Saharan Africa, which is 14.25, 51% of the median. (48 countries reporting)
Countries ranked near Nigeria
More reference data data for Nigeria
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 1.77 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 19.51 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 27 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 2.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 27 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 5.94 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 5.8 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 81.9 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 121.16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 14.27 (2050)
Frequently asked questions
- What is time required to start business in Nigeria?
- Time required to start business in Nigeria was 7.2 in 2019, according to Our World in Data.
- What is the highest time required to start business recorded in Nigeria?
- The highest recorded value was 30.3 in 2013.
- What is the lowest time required to start business recorded in Nigeria?
- The lowest recorded value was 7.2 in 2019.
- How does Nigeria rank for time required to start business?
- Nigeria ranks 139th out of 188 countries with data for 2019.
- Is time required to start business rising or falling in Nigeria?
- Over the last ten years it is down 76.2%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Our World in Data, published as part of Time required to start business. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (Our World in Data).